Hi Michael, Ive just bought 2 duplexes in Detroit and im going to post here how its going on a more regular basis.

This will give you someone in the unit itself on a weekly basis. 

We learned from driving through them that it was pretty obvious that neighborhoods in my market change on a street by street basis which can make running comps tough.  3.

New construction at that is a plus.I've been digging for a similar deal myself for the past year in California, but it seems that there's nothing out there that will lead me to break even on a monthly basis unless I do at least 15% down.

For named hurricanes, cyclones and tropical storms and National states of emergency due to weather, and directed at NE Florida, we will consider on a case by case basis for cancellations within the 5 day window. if anyone has suggestions on a better way to handle I am all ears. 

For example, Garrett Planning Network advisors offer financial planning on an hourly basis.

Considering general scenario 10% for property manager and 3% for realtor and manager say 5% or fixed fee the 1st investor cost is coming to 18% so adding 5-10% on basis of future deals and partnership I can think of 25% - 30 % would still be great deal for 2nd investor." 

Agreed with Account Closed - putting real estate, or a real estate partnership - within an S-Corporation provides effectively no value, while creating significant headaches and tax consequences.The only real benefit left for an S-Corp is partial shielding of employment taxes - but a rental property already doesn't produce any self-employment taxes, so the one benefit already doesn't apply to the rental.Then you have problems with not getting basis in the debt of the property, having a lack of flexibility on future structure, issues with distributions in excess of basis...just nothing about it is good.If the Partnership hires a property manager, and that property manager ends up being your S-Corp - great, now you are perhaps better managing your exposure to self-employment income as a result of these property management fees. 

Just because a policy date is on the original, doesn't mean the contractor's policy is active.We do it all day every day for property owners.  

Because when your properties pass to your kin, they get a step-up in basis, effectively making a lifetime worth of gains invisible to the US Government.